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20121212
20121212
Search Results 0 to 3 of about 4 (some duplicates have been removed)
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miller, nbr, new york. >> tom: the latest economic statistics the federal reserve can consider is the october trade balance, with american importing a record amount of stuff from china. that increased our trade deficit to $42.2 billion. u.s. exports fell 3.6%, the biggest drop in almost four years. imports also fell, down 2.1% to the lowest in 20 months. on wall street, the dow gained 78, the nasdaq rose 44, the s& up nine. >> susie: our next guest says the fed's stimulus policies have been good for the u.s. economy and the markets. he's mike holland, chairman of his money management firm, holland and company. >> susie: mike, you heard erica's report. which do you think is more important for investors, fed policy action tor the fiscal cliff talks? >> right now, susie, the fiscal cliff talks are clearly the item dejure for the stock market. i think most people expect exactly what eric miller was talking about from the fed. and bern bueno ben bernanke hasn transparent and telling people well in advance what he is going to do. the $85 billion should continue building up for our ta
.com and former detroit bureau chief for the "new york times," and by bill ballenger, editor of "inside michigan politics." welcome to you both. mickey maynard. first, this has all happened very quickly. what precipitated this right now. >> there were two things that happened, judy. first of all in november there was a ballot proposal that unions floated that would have outlawed right-to-work. it would have put that into the state constitution. that proposal failed because it was proposed at the same time as a lot of constitutional amendments. people just sort of cast one vote against all of them. the second thing that happened was republicans gave up some seats in the house and senate. it will still be a republican majority in january but it will be smaller. if right-to-work was going to happen this lame duck republican-controlled legislature was where it was going to happen. >> woodruff: bill, in a state that voted by ten points for president obama in november, it's a state that is striking a blow for right-to-work. how do you explain that? >> there was a mixeded result on november 6. i think
Search Results 0 to 3 of about 4 (some duplicates have been removed)